sentix ASR Essentials (English)

File: sentix ASR Essentials 19-2017

File Size:
711 KB

Telecoms sentiment upswing in the face of falling relative

Monthly survey questions on investors’ views on the medium-term outlook for European sectors reveal a less positive view on Energy and Basic Resources versus the market, which chimes with participants’ still negative medium-term strategic bias on Oil. At the same time, sentiment also weakened over the month in the case of defensive sectors such Healthcare, Food & Beverages and Utilities. However, on the more-defensive sector front an interesting divergence has also recently emerged in the case of Telecoms. Survey findings are consistent with a gradual improvement in sentiment towards Telecoms versus the market, even as the sector relative has hit ten year lows. See page 2 for charts.

We use cookies to personalize our content, to auto-login to our website and to improve your experience when using it. Cookies used for the essential operation of the site (authorization, language setting or user-security) have already been set. To find out more about the cookies we use and how to delete them, see our privacy policy.

I accept cookies from this site.

EU Cookie Directive Module Information